Chapter 7 Quiz - Chapter 7 Quiz Submitted by rjt5008 on...

Chapter 7 Quiz Submitted by rjt5008 on 4/3/2007 6:52:06 PM Points Awarded 8 Points Missed 2 Percentage 80% 1. Over the past two decades, logistics costs as a percent of the U.S. gross domestic product (GDP) have: A. doubled due to growth in international sourcing. B. increased due to transportation deregulation and technology investments. C. remained constant due to a stagnant global economy. D. declined due to deregulation, technology investment, and e-commerce. E. been extremely volatile due to international events. Points Earned: 1/1 Correct Answer: D Your Response: D 2. Supply’s involvement in transportation decisions is: A. insignificant and declining due to the growth of supply chain management. B. growing due to the increase in the number of railroads and trucking companies. C. growing in terms of direct functional responsibility and cross-functional efforts to devise solutions with logistics services providers. D.

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